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Jensen Huang resigned as CEO of Nvidia after 33 years, during which he led the company from making gaming graphics chips to becoming one of the leading providers of AI infrastructure. The board accepted his resignation and appointed CFO Colette Kress as interim CEO. The move came after Huang apologized for being unfaithful to his wife and the board opened an independent investigation into reports that he may have been targeted in a foreign intelligence operation. However, the resignation announcement gave no reason for his departure. Nvidia’s market value reached about $5.8 trillion in October 2026, while the new management faces the challenge of sustaining the company’s growth and standing after its founder’s departure.
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